EURUSD - Pending Capitulation...

From 2023 going into 2024, market conditions has been rangebound, with daily sell stops and buy stops being attacked but if we have a look at the PD arrays, discount prices are looking more probable, just like cable, targeting the yearly equilibrium @ 1.04059 and 1.01963 - 1.00572 bullish monthly order block if the downtrend continues but I will take things one step at a time.

I am eyeing nearby sellside at 1.04485 premium for target 1 with EQ @ 1.04059 being target 2.

Throughout the weeks, I will be updating this post.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN

Trade active:

Refer to my mind for intraday analysis with Euro